Flagstaff Company has budgeted production units of 9,300 for July and 9,500 for August. The direct labor requirement per unit is 0.50 hours. Labor is paid at the rate of $20 per hour. The total cost of direct labor for the month of August is:. a. $82,950.
b. $4,050.
c. $85,050.
d. $3,950.
e. $168,000.

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?

Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?